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19122 : Real Estate Advice

  • All16
  • Local Info4
  • Home Buying6
  • Home Selling2
  • Market Conditions1

Activity 14
Wed Mar 15, 2017
Jack asked:
Fri Dec 12, 2014
Tim asked:
I have tried to find some more details on the NSP2 program, and for the most part I found income requirements and that's about all. Does anyone know if it is possible to buy a house…
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Mon Sep 22, 2014
Bill Eckler answered:
You can always have it appraised but keep in mind that "drive-by appraisals" are no longer acceptable and the appraiser will need to gain access to your home and document what is(or isn't) there with photographs. The absence of a functional kitchen will obviously affect the value of the home.

Just keeping it real!

Bill
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Fri Jul 12, 2013
Philip J. Cunningham Sr answered:
Just call and interview Realtors to match up with your needs and what you are willing to pay. Please keep in mind no all Real Estate agents are Realtors where as all REALTORS ARE Agents Please call my office so that I may interview with you for the Position of Sellers Agent. I would be more then pleased to meet with you either in my office or at your location to discuss this after you receive a State of PA required Consumer Notice. I've been an agent for over 20 years and still require this so when an agent wants to talk real estate on the phone ask for the reading of the Oral Disclosure. My office number is 215-725-5700X49 and cell 267-934-1971 hope to talk with you soon there is no charge to talk with me and LEARN your rights. As you can see I'm differnt then others.

Philip J. Cunningham Sr.
V.I.P. Realty Corporation
7942 Bustleton Ave
Philadelphia, PA 19152
215-725-5700 X49
267-934-1971
PhilCunningham2004@yahoo.com
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Wed May 29, 2013
Courtney McNally answered:
Both areas are great for investing. As far as safety goes I recommend you visit the areas on a weekend around 6:00 to get a good feel for yourself. we as Agents are not allowed to steer you to one place or away from another. safety is an opinion and each person has there own opinion of what is deemed to be safe. Hope you made the best choice for you and your family. ... more
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Sun Jun 5, 2011
Norman Bey answered:
Hi Jason,

The best way to obtain a value on Real Estate is VIA an appraisal. A Realtor can provide and general ball park of a properties value, but not an official value like and a appraiser. The other factor that needs to be considered is, the purpose you having the property valued. If your looking to establish asking price prior you listing your property with a Realtor, then a Realtor would be ideal for the job. If your a buyer trying to determine if the property your considering purchasing has a curtain value, then you should seek the services of a licensed appraiser. No matter the purpose of value, the property should be inspected by the professional of your choosing, before an opinion of value is provided. Good luck, and happy value hunting. ... more
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Wed Jun 1, 2011
Wanda answered:
I was trying to find out,which real estate dont charge soo high commision to sell your property.I choose prudential anyway.thanks again wanda
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Sat Oct 2, 2010
Monir Mamoun answered:
Hi Israel, there are a lot of factors to consider whether you are talking about Philly or any other area. I wrote a four part blog about the topic. You can check it out at the link below. ... more
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Thu Aug 20, 2009
Sean Dawes answered:
Wells does offer them. Prosperity mortgage is a joint venture between wells Fargo and someone else.
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Thu Jun 25, 2009
Don Law asked:
I'm looking at condos in Northern Liberties, just north of Girard. I found two great places in the same building, priced the same. The penthouse is a very large 1 bed, 1.5 bath, with a…
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Mon Mar 9, 2009
Kyle answered:
It depends on if by "subsidized" you mean rental or homeownership. The Ludlow development referenced below contains a phase of each. The rental is affordable to people making 20-50% of Philadelphia area median income. There are pretty stringent credit and criminal background checks, so I wouldn't necessarily worry about riff raff, but this is not a population that would necessarily support high-end retail or upscale restaurants. The homeownership phase units however sold for between $160-$180k to people earning up to 80% of median income. For the most part, buyers were young families or single professionals who just barely got in under the income cap and recognized a great real estate opportunity. These homeowners will (hopefully) gain in earning power in the coming years and will have a significantly greater positive impact on the community. ... more
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Mon Feb 16, 2009
Victor answered:
Old Kensington is a relatively safe neighborhood. It's gentrifying very quickly and cheaper than neighboring Northern Liberties and Fishtown. The quadrant formed by Cecil B Moore (North), Girard Ave (S) Front St (E) and 5th (West) is developing quickly, a great area for investment in spite of current market. ... more
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Sun Nov 16, 2008
Al Campagna answered:
I never heard from .Are you still looking for contractor?
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Fri Nov 14, 2008
Chris & Stephanie Somers answered:
There is always hope : )

Old Kensington (19122) is an interesting area and it really depends on the location. The properties that sell for the most are closest to Girard and also be from Front to 6th St.

In your case, your property is in the Northern most point almost of 19122 as you are almost in 19133. In addition, your property is far west as well. So, it is what it is. Your block will sell for the lower range in 19122 but at least it is more than it was 5 years ago !

Is hard to say what will happen 5 to 10 years from now, but probably value will not change much in the next year or two.

As Renee said, the good news for you is that if you decide to sell, there are a decent amount of investors who are buying up properties in the area that have that 5 to 10 year time horizon. So if you did decide to sell it, and you are willing to receive approximately fair market value, it should sell relatively fast.

Feel free to visit our websites for other properties listed in these areas:

Old Kensington - http://www.thesomersteam.com/team-listing.php?zip=19122 .

Investor properties in 19133 www.phillyinvestorhub.com

Good luck ! You can contact us through our site.
... more
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